INSIDE NEWS:
* TCS has been performing extremely well in new markets like the Middle East. It is a good bet and the record date for bonus shares has just been announced.
* Shreyans Industries with an EPS of Rs.16+ is available at around Rs.35. But not for long say savvy accumulators.
* Zenith Fibres, GRM Overseas are high dividend paying stocks and can be defensive bets in an uncertain market.
* Sujana Tower’s technological structures fabrication division has been awarded the ‘Best Sub-contractor’ award for FY09 by BHEL. Worth a punt at current levels.
* Bharati Shipyard has made an open offer to acquire 20% stake in Great Offshore at Rs.344 per share. Stay away from both these counters. One can even book profit in Bharati Shipyard.
* Deccan Cement has completed its 1 million tonne expansion project including setting up on 18MW captive thermal power plant. Little wonder, the scrip is making new 52-week highs.
* Jaihind Projects in consortium has been awarded an order of Rs.245 cr. from GSPL for an EPC project. Catch it if you can.
* Even after excluding forex losses, Savita Chemicals has reported a dismal performance for the March 2009 quarter.
* Sudden spurt in the volumes of Northgate Technologies indicates the interest of fund managers in the counter.
* Worst is over for big realty players but mid-sized ones like Kolte Patil are much ahead of their peers. Scrip is all set to touch Rs.150 if the buying interest in its housing project at Pune is any indication.
* GTL Infrastructure is undergoing consolidation and may cross Rs.60 soon.
* Government’s thrust on agriculture will boost demand for fertilisers, pesticides, irrigation, seeds, agri equipments. Buy Nagarjuna Fertilisers, Chambal, GNFC, GSFC, United Phosphorous, Monsanto, Bayer Corp., Rallis, Finolex Inds., Jain Irrigation, Kaveri Seeds, Karuturi Global and Crompton Greaves.
* In case you have missed the telecom boom, buy tele ancillary stocks like HFCL, GTC, Spice Mobile, HCL Infosystems, Sterlite Technologies, Online Global.
* Under the shadow of LIC Housing, GIC Housing and Gruh Finance shall rise. Buy them now says an investment banker.
* Sun Pharma’s results may not be upto expectations but remember this was one of the four scrips that withstood the worst onslaught at Dalal Street and touched a new high even when the Sensex was at 7800 mark. Old is gold as the Sun never sets for pharma!
* HBL Power Systems, in which Reliance Capital has 7.3% stake, is strongly recommended for the medium-term with a target price of over Rs.400.
* With a major expansion in the offing, AIA Engineering is likely to post an EPS of Rs.19 in FY09 and Rs.27 in FY10. Some funds have evinced interest in the counter.
* According to the highly placed sources, Everest Industries is doing exceedingly well and is all set to post an EPS of Rs.25. The share can easily touch Rs.150 mark.
* Uflex, which posted an EPS of Rs.27 in FY09, is all set to register an EPS of Rs.35 in FY10 backed by expansion. The share has potential to appreciate smartly in the coming days.
* The counter of Polyplex Corporation is buzzing. It is likely to post consolidated EPS of Rs.70 in FY09 and may even announce a buyback scheme. The share can easily touch Rs.250.
* Atlanta Ltd. has a good order book position and has started toll collection on the Mumbra bypass road since December 2008. It has a similar project in Nagpur, Maharashtra.
* Saag RR Infra Ltd. is into pipeline projects, work over rig services and other specialized services. With a massive order book position, it is trading very cheap around Rs.27 and has the potential to double from this price.
